Komori
Governance5994FINE SINTER CO.,LTD.Construction and Materials

Matters Concerning Controlling Shareholders

TOYOTA MOTOR CORPORATION is listed as an “other affiliated company” holding 21.5% of the voting rights in the Company. Transactions with controlling shareholders, etc. were disclosed, including ¥4,804 million in sales of automotive parts.

Worth reading
39Recurring
Scored from 1 of 5 sections
Direction
Neutral
Direction inferred from the company’s description.
Scale
21.5
Voting rights ownership ratio (%)
Wording
Conditional
How definitive the wording is.

Governance structure

Controlling shareholder
TOYOTA MOTOR CORPORATION21.50%Voting rights

other affiliated company), voting rights ownership ratio of 21.5% (direct ownership: 21.5%; ownership included in the aggregate: 0.0%

When one company holds most of the voting rights, its wishes are more likely to prevail in management. How the interests of minority shareholders are protected is a key issue.

Number of directors1 outside director (total: Not disclosed)
Governance structure
ItemDetails
Number of directors1 outside director (total: Not disclosed)
Controlling shareholderTOYOTA MOTOR CORPORATION (other affiliated company), voting rights ownership ratio of 21.5% (direct ownership: 21.5%; ownership included in the aggregate: 0.0%)
Items this document does not state (6)
Corporate Governance StructureNumber of independent officersCommitteePolicy on cross-shareholdingsTakeover defensesChanges this time

These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.

The reasons the company gives

The company's own explanation, not something inferred from the numbers.

To disclose matters concerning controlling shareholders, etc. and business relationships. Regarding the relationship with the TOYOTA MOTOR CORPORATION Group, the Company explained that there are no business restrictions, but that its high sales ratio means its performance depends on the Group’s sales trends.

How to read this page

This is not the documentKomori reads the disclosure the company filed and writes this summary. Figures are as stated by the company and are not audited.
Weight is not a verdictIt measures how much this changes what the company had already told the market. It is not a view on the shares.
Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.
Matters Concerning Controlling Shareholders | FINE SINTER CO.,LTD. (5994) timely disclosure | Komori